Entries by ESAI Team

NYISO Installed Capacity Market Summer Strip 2024 Update | Capacity Watch Blog

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The NYISO Summer Capability Period will begin on May 1st, with the following auction schedule:
Wednesday, March 27th – The NYISO ICAP Summer 2024 Strip Auction Bid Period Opens.
Thursday, March 28th – The Summer Strip Auction Bid Period closes.
Monday, April 1st – Results of the auction are posted.
Tuesday, April 9th – First monthly auction for Summer 2024.
April 24th – 25th – May Spot Market Auction.
April 29th – May Spot Market Auction results are posted.

ESAI’s Capacity Watch update to clients discusses the key auction parameters, changes in supply since Summer 2023/24, and ESAI’s forecast for the Summer period.  ESAI’s NYISO Capacity Watch update includes predicted Summer 2024 Clearing prices for NYCA, Zone J, Zone K, and the G-J Locality.

Power and Energy Markets Analyst

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ESAI Power is seeking candidates for analyst positions to support our growing market research and consulting practice. Successful candidates will have a degree in Economics, Mathematics, Finance, Statistics, Energy & Environmental Policy, or Power Systems Engineering and/or 3-4 years of relevant experience. A sincere interest in the electricity industry, renewable energy, & environmental issues, along with an understanding of economics, excellent analytical, writing & presentation skills are essential.

PJM Set To Hold Capacity Auction In June After Receiving Mixed FERC Decisions | Capacity News

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Ethan Howland reports in Utility Dive that after receiving two key Federal Energy Regulatory Commission decisions, the PJM Interconnection plans to hold its next capacity auction in June. Our Scott Niemann, Managing Director & Principal, said the FERC-approved changes will likely put upward pressure on capacity prices in most parts of PJM. Driven by pending power plant retirements, prices in PJM’s Southwest MAAC zone could break higher than the overall regional transmission organization.